Code of Federal Regulations Title 25. Indians § 25.900.52 What type of property is the property management system required to track?

(a) Personal property with an acquisition value in excess of $5,000 per item;

(b) Sensitive personal property, which is all personal property that is subject to theft and pilferage, as defined by the Indian tribe or tribal organization. All firearms shall be considered sensitive personal property;  and

(c) Real property provided by the Secretary for use under the contract.